Milbank has taken significant strides forward in Latin America M&A, private equity and growth equity transactions. Traditionally wedded to the energy and infrastructure sectors, it now operates across multiple industries and geographies. With its strong connections to the region, it has landed a series of sizeable engagements from the Argentine market, while building its standing in telecoms and digital infrastructure deals; it advised Allianz X on its participation in a $300m Series E investment round conducted by Ualá, the Latin American neobank based in Argentina. Mexico, Colombia and Peru are also key markets for the Latin America team. The Latin American team continues to advise a large number of private equity sponsors and financial investors, such as Actis. Native Spanish speaker Francisco Nuñez has made a big impression on the market in recent years and is primarily focused on Latin America. John Franchini is co-head of the global infrastructure group and frequently handles deals for Actis and other financial investors in Latin America. Aaron Stine and Dean Sattler (who is the leader of the global corporate M&A practice group), are also experienced partners on Latin America deals. All named individuals are based in New York.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘A top-notch team, as expected from firms of its kind, but with a true cultural understanding of the region. At this level of the market, this ability to find practical solutions tailored to regional realities makes the difference.’

  • ‘Francisco Nuñez is definitely a star in the M&A space. We've had the pleasure of working with him on several transactions, and he's impressed us with his ability to navigate complex transactions while also making clients feel fully supported in navigating difficult issues from a very practical perspective.'

  • ‘The Milbank team is exceptional. Its lawyers are intimately familiar with the substantive aspects of their practice, are constantly available, and have excellent rapport with both clients and counterparties. In the course of consulting, they take care to provide strategic advice, and their attention to detail ensures that no risks are left unevaluated. This is a top-level practice team.'

  • ‘Their dedication to the client and the transaction. They are aware of all the relevant aspects of the transaction they are involved in, have a detailed understanding of its legal and strategic aspects, and handle documents with impeccable care. Francisco Nuñez, in particular, has left me with the best impression. His dedication to the client and the transaction, as well as his technical handling of the legal and negotiation aspects, are outstanding.'

  • ‘Francisco Nuñez handles complex transactions with amazing response times and a high-quality product. He is a highly trusted lawyer for clients and counterparties.'

  • ‘Milbank in general, and its Corporate/M&A team in particular, stand out from their peers for their quality, sophistication, and speed of response in highly complex transactions.’

Key clients

  • Abra Group
  • Actis
  • Allianz Strategic Investments S.à r.l.
  • Arroyo Energy
  • Avianca
  • British Columbia Investment Management Corporation
  • Brookfield Asset Management
  • Cementos Progreso
  • Cencosud S.A.
  • EDF Renewables
  • EIG Partners
  • Global Infrastructure Partners

Work highlights

Represented Actis in connection with the acquisition of the equity stakes held by Enel Perú in Enel Generación Perú and Compañía Energética Veracruz for a total of approximately $1.3bn.
Advising Cementos Progreso in connection with its $950m agreement to acquire (with certain strategic partners), CEMEX’s operations in the Dominican Republic.
Represented Allianz X in connection with its participation in a $300m Series E investment round conducted by Ualá, Argentine-founded Latin American neobank Ualá.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

John Franchini

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Francisco Nuñez

Practice head

John Franchini; Dean Sattler